Auto-enrolment

The Department for Work and Pensions has launched a consultation on its proposals to improve auto-enrolment, including simplifying eligibility and potential exemptions for defined benefit schemes from qualification requirements.

Adecco Group has appointed NOW Pensions as its auto-enrolment provider.

As employers reach their staging dates they need to decide what kind of system they need to fulfil their auto-enrolment duties.

Chancellor George Osborne has announced the increase in the personal tax allowance to £10,000 will be brought forward to 2014.

The reform is a tax on business that could create behavioural change, says Mark Wood

A majority in the industry believe that consultancy charging in auto-enrolment schemes is not a concern.

The Pensions Advisory Service chief executive Marta Phillips OBE will step down from her role in the summer.

Supermarket giant Morrisons has seen its two defined benefit schemes swing from surplus into deficit after lower returns on assets, its final results show.

Prudential's 2012 corporate pension sales have remained at a fifth lower than 2011's level as the business remains focused on increasing revenue from existing clients instead of acquiring new business, its final results show.

NOW Pensions chief executive Morten Nilsson admits the provider's signature single fund offering cost the firm clients last year but stresses it will remain central to the business.